Dear learned lawyers, I need some legal advice on this matter. Among three children we had drafted a family arrangement to avoid quarrel. Now one of my brothers wanted to buy a portion of my inheritance ownership under the family arrangement to build a house. He said he would be giving an advance to make sure that I will be selling the future ownership to him when he comes back from Dubai. I am prepared to accept this advance money as I have some financial problem. What form of receipt and in what way I must write so that my brother could give me advance money without compromising my rights under the family arrangement. I told him that I will write this: “ Received Rs. 100,000 as an advance for the future sale of one of my inheritance property under the family arrangement.” Is this sufficient and enough to protect my rights?
Another question is that after getting the advance money can I allow him to construct a house without getting full sale proceeding and money thereto?
Kindly advice in this matter. Thanks in anticipation.